Efforts to legalize medical cannabis in Tennessee have gotten some unexpected support from state House Speaker Beth Harwell. On Feb. 27, 2018, Harwell voted to break a tie in the House Criminal Justice Subcommittee in favor of HB 1749 / SB 1710, also known as the Medical Cannabis Act. Under the proposed measure, medical cannabis…

DENVER, Feb. 27, 2018 /Weed Wire/ — MassRoots, Inc. (“MassRoots” or the “Company”) (OTCQB: MSRT), one of the leading technology platforms for the regulated cannabis industry, today announced it appointed Mr. Graham Farrar, Founder and Owner of Mission Health Associates (d.b.a. Glass House Farms), to its Board of Directors on February 21, 2018.

DENVER, Feb. 27, 2018 /Weed Wire/ — Simplifya, the developer of the nation’s leading cannabis industry compliance software, announced Thursday it has closed a $3 million Series B round of funding. It was led by a $1 million investment from Merida Capital Partners, a private equity fund that targets fundamental growth drivers underpinning the rapid development of the cannabis industry.

DENVER, Feb. 14, 2018 /Weed Wire/ – MassRoots, Inc. (“MassRoots” or the “Company”) (OTCQB:MSRT), one of the leading technology platforms for the regulated cannabis industry, is pleased to release the following shareholder update from its Chairman and Chief Executive Officer, Mr. Isaac Dietrich

DENVER, Feb. 13, 2018 /Weed Wire/ – Colorado-based biotech company Next Frontier Biosciences today announced the assembly of its Research and Development Team, enhancing the company’s lineup of accomplished biotechnology executives and research scientists.

Colorado marijuana shops raked in a record $1.51 billion sales of medical and recreational cannabis, edibles and concentrate products during 2017, according to Colorado Department of Revenue data released Friday.

In an effort to combat cannabis-impaired driving, the Colorado Department of Transportation has launched a new prevention campaign that invites state residents to share their opinions and habits on driving with cannabis.

DENVER, Jan. 31, 2018 /Weed Wire/ — Award-winning music legend and marijuana advocate Willie Nelson has announced that his legendary WILLIE’S RESERVE™ cannabis stash will launch a new product line sourced from Sungrown cannabis.

DENVER, Jan. 30, 2018 /Weed Wire/ — Jane West, the eponymous lifestyle brand from the woman leading marijuana’s shift into mainstream culture, today launched its first equity crowdfunding campaign. The company is seeking $1.07 million in funding by April 20, 2018.

DENVER, Jan. 23, 2018 /Weed Wire/ — NanoSphere Health Sciences Inc. (CSE: NSHS, “NanoSphere”) is pleased to announce that it has signed an agreement to license its technology, as it pertains to cannabis products, in the State of California.

When legal cannabis sales commenced in the Centennial State in 2014, some opponents were concerned that negative public health effects would outweigh any positives derived from tax revenue; however, under the state’s helm, the Colorado cannabis industry continues to make the grade in public cannabis education.

DENVER, Jan. 18, 2018 /Weed Wire/ – Recent evaluation results show that Colorado’s marijuana public education efforts have ensured more adults know the laws covering retail marijuana, more parents are planning to talk to their children about the risks of marijuana use, most young women know the danger of marijuana use during pregnancy and breastfeeding, and more young people know that using marijuana makes it harder to complete the tasks that help them reach their goals.

The fledgling cannabis industry is full of wide-eyed claims about what pot can do. Outperform your favorite energy drink? Maybe. Cure cancer? Worth a try. The biggest believers and entrepreneurs make the plant sound almost magical.

BROOMFIELD, Colo., Jan. 16, 2018 /Weed Wire/ –In the race to develop a successful, viable hemp industry, Colorado is now home to the first U.S.-bred hemp seed to qualify as Association of Official Seed Certifying Agencies (AOSCA) certified seed. “This is an exciting time for the industrial hemp industry. It seems breeding, technology, and information advances are happening at the speed of light; this is a giant step for American hemp farmers,” said Duane Sinning, CDA’s Division of Plant Industry Assistant Director.

DENVER, Jan. 16, 2018 /Weed Wire/ – Today, Attorney General Cynthia H. Coffman joined a bipartisan group of Attorneys General in sending a letter to Congress urging them to take the necessary legislative actions to allow legal marijuana businesses access to banking services.

DENVER, Jan. 16, 2018 /Weed Wire/ – The seasoned entrepreneur behind Green Man Cannabis—one of the best cannabis dispensaries in the nation, well known for its connoisseur grade craft cannabis and many Cannabis Cup wins—is looking to save others from making the countless, million-dollar mistakes he made with the launch of his new franchised brand ONE Cannabis.

DENVER, Jan. 11, 2018 /Weed Wire/ — Simplifya, a developer of the cannabis industry’s leading regulatory compliance software, announced Thursday it has closed a lead investment of $1 million in its Series B financing from Merida Capital Partners, a private equity fund that targets fundamental growth drivers underpinning the rapid development of the cannabis industry.

LITTLE ROCK, Ark., Jan. 10, 2018 /Weed Wire/ — Tree of Life Seeds, Inc., an Arkansas-owned, premium hemp genetics company based in Colorado, has launched a full line of hemp oil CBD products and is planning to bring production facilities to Arkansas.

WASHINGTON, Jan. 9, 2018 /Weed Wire/ — Members of the Colorado Congressional Delegation; led by Rep. Jared Polis, D-Colo.; sent a bipartisan letter to Attorney General Jeff Sessions asking him to reverse his decision on the Cole Memorandum.

The national movement to legalize marijuana took a big step forward this week – and a big step back. California became the largest state in the nation to permit recreational pot use, but on Thursday Attorney General Jeff Sessions rescinded Obama-era guidelines meant to limit federal prosecutions. Atlantic senior editor Derek Thompson joins “CBS This Morning: Saturday” to discuss why this situation is so confusing and what this means for business owners in the burgeoning marijuana industry.

DENVER, Jan 4., 2018 /Weed Wire/ — The Cannabis Business Alliance (CBA) has released a statement on the United States Department of Justice’s decision to rescind all previously issued Department guidance concerning marijuana policy, including the Cole Memo, which has significantly limited which charges prosecutors can pursue in states where marijuana is legal.

On Jan. 4, 2018, United States Attorney General Jeff Sessions issued a memo to announce a reversal of federal marijuana enforcement policy, rescinding five Obama-era memos that guided U.S attorneys to take a hands-off approach in regards to investigating and prosecuting state-legal marijuana businesses complying with state law.

BOULDER, Colo., Jan. 4, 2018 /Weed Wire/ — Rep. Jared Polis, D-Colo., gave the following statement after Attorney General Jeff Sessions announced he would reverse the Cole Memo, and target states – like Colorado – that have legalized marijuana.

MJINews was started to aggregate, report and opine on various ways to make money in the legal marijuana industry. While medical marijuana has been legal in many states for years, its legalization for recreational use in Colorado and Washington in 2014 has catapulted the entire subject to new heights.
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